Why Corporate Giants Are Eyeing Bitcoin for Their Investments

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Why Corporate Giants Are Eyeing Bitcoin for Their Investments - Coinpedia

Quick Summary:

This paradigm shift in investment strategies and financial services reflects a broader recognition of digital assets to reshape the global economy.

Notably, the CFTC approval is also likely to provide more exposure for the investment instrument for the Wall Street players, which could boost the Bitcoin price in the coming days significantly.

The BlackRock chief executive, Larry Fink, who was previously a bitcoin critic, now believes that he had been ‘wrong’ about bitcoin and now believes bitcoin is “digital gold” and a ‘legitimate’ financial instrument.